Tibet Tianlu Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 17, 2020 at 06:56 am EDT
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Tibet Tianlu Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 5,621.295 million compared to CNY 5,021.393 million a year ago. Operating income was CNY 922.775 million compared to CNY 962.354 million a year ago. Net income was CNY 433.575 million compared to CNY 449.564 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.52 a year ago. Diluted earnings per share from continuing operations was CNY 0.46 compared to CNY 0.52 a year ago.
TIBET TIANLU CO., LTD. is a China-based company principally engaged in the engineering construction, construction material production and distribution and mineral exploration. Engineering Construction segment mainly contracts for highway pavement construction projects and bridge construction projects. The main product of Construction Material Production and Distribution segment is cement. Mineral Exploration segment is mainly involved in the early stage of mineral exploration. The Company operates its businesses primarily in Tibet Autonomous Region, China.